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Expulsion of diplomats moves Greece further away from Russia, focus turns to energy
PoliticsForeign PolicyBilateral relations between Greece and Russia entered uncharted waters after Athens made yet another momentous foreign policy decision by deciding to declare last week 12 Russian diplomats personae non gratae. Greece joined on April 6 other European states that took similar steps in recent days
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Greece's fiscal path becoming clearer; sizeable adjustment lies ahead
EconomyMacroeconomyinto a primary surplus of 1.5 pct, is a sizable fiscal adjustment of 3.5 pct of GDP, or more than 6 billion
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Govt eyes own energy package if EU fails to approve joint action
PoliticsGreek Politicssubsidies. The reported cost of such a scheme varies, from 2.5 billion euros to as much as 6 billion
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PM goes big on minimum wage increase, but opposition unmoved
PoliticsGreek Politicsin the bargaining process, submitted a report with proposals ranging from 4 to 6 pct. KEPE noted
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Implementation snags hang over ambitious post-Covid recovery plans
PoliticsGreek Politicsbudget of just over 50 million euros, 6 projects worth 227 million euros for digital transformation, half
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Piraeus Bank reaps reward of 2021 balance sheet clean-up as net profit reaches 520 mln in Q1
EconomyBankingby 42 pct to 583 million euros. Total operating expenses stood at 199 million, a drop of 6 percent YoY
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Enhanced surveillance concludes, but more reforms and tougher fiscal targets lie ahead
EconomyProgrammeof close to 6 billion euros and it is not a given that the majority of this will be achieved simply
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Media freedom concerns continue to bedevil Mitsotakis govt as EC takes note
PoliticsGreek Politicssecond with 16 pct, while PASOK leader Nikos Androulakis receives the endorsement of 6 pct.
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Helped by trading gains, Eurobank posts 305 mln in Q1 profits
EconomyBankingexposures (NPEs) decreased by 3.4 billion euros in Q1 to 2.4 billion euros. Eurobank’s NPE ratio stood at 6
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NBG profits narrow to 208 mln in Q1
EconomyBankingfor 2022 is 1.8 billion euros of NPEs and a ratio of 6 pct by the end of 2022, with coverage exceeding
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